bripat9643
Diamond Member
- Apr 1, 2011
- 170,170
- 47,328
- 2,180
After they pass this monstrosity, California will become an empty wasteland. The current stock of housing will decay until the entire state is a slum, and anyone in the middleclass who can will leave for more sensible states.
‘Extreme’ rent control could be coming to California soon
A costly and potentially bruising campaign is taking shape over rent control in California, with deep-pocketed Los Angeles activist Michael Weinstein bankrolling a proposed November ballot initiative to repeal a state law that sets tight limits on the type of housing covered under local rent control laws.
“Nobody’s fighting for the tenant,” said Weinstein, president of AIDS Healthcare Foundation, who partly funded the Proposition 61, the 2016 fight over prescription drug costs that became the most expensive initiative that year, with total spending at roughly $130 million.
As California confronts a historic housing crisis, low- and middle-income renters are being pushed out, even in cities with some form of rent control.
The disruption is fueling the push by Weinstein and other tenants rights’ activists to overturn a state law that prevents cities and counties from adopting strong rent control laws.
A costly and potentially bruising campaign is taking shape over rent control in California, with deep-pocketed Los Angeles activist Michael Weinstein bankrolling a proposed November ballot initiative to repeal a state law that sets tight limits on the type of housing covered under local rent control laws.
“Nobody’s fighting for the tenant,” said Weinstein, president of AIDS Healthcare Foundation, who partly funded the Proposition 61, the 2016 fight over prescription drug costs that became the most expensive initiative that year, with total spending at roughly $130 million.
As California confronts a historic housing crisis, low- and middle-income renters are being pushed out, even in cities with some form of rent control.
The disruption is fueling the push by Weinstein and other tenants rights’ activists to overturn a state law that prevents cities and counties from adopting strong rent control laws.
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